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Navneet Education to buy Encyclopaedia Britannica India

Consumer

26 October, 2016

Navneet Education to buy Encyclopaedia Britannica India

Navneet Education Ltd said on Wednesday it has agreed to acquire the Indian schools’ curriculum-based business of Encyclopaedia Britannica Inc. ......

Actis-backed Ostro Energy strikes maiden deal for solar project

Infrastructure

26 October, 2016

Actis-backed Ostro Energy strikes maiden deal for solar project

Ostro Energy Pvt. Ltd, the renewable energy platform set up by private equity firm Actis, has entered the solar power ......

PE-backed Varun Beverages bags $49 mn from anchor investors

Consumer

25 October, 2016

PE-backed Varun Beverages bags $49 mn from anchor investors

Ravi Jaipuria-controlled Varun Beverages Ltd that is seeking a market valuation of up to Rs 8,000 crore ($1.2 billion) in ......

General Atlantic, GIC among anchor investors in Carlyle-backed PNB Housing IPO

General

25 October, 2016

General Atlantic, GIC among anchor investors in Carlyle-backed PNB Housing IPO

Mortgage lender PNB Housing Finance Ltd has raised Rs 894.2 crore ($134 million) by selling shares to a bunch of ......

Tata Sons replaces Cyrus Mistry with Ratan Tata, to look for new chairman

General

24 October, 2016

Tata Sons replaces Cyrus Mistry with Ratan Tata, to look for new chairman

Tata Sons Ltd said on Monday its board has replaced Cyrus Pallonji Mistry as the company’s chairman with former chief ......

Reliance to pick small stake in NASDAQ-bound Yatra.com

TMT

24 October, 2016

Reliance to pick small stake in NASDAQ-bound Yatra.com

Yatra.com, one of India’s top online travel agencies (OTAs) that is set to get listed on NASDAQ through a reverse ......

Embassy Property to buy 73% in hospitality firm MAC Charles for $96 mn

Infrastructure

21 October, 2016

Embassy Property to buy 73% in hospitality firm MAC Charles for $96 mn

Bengaluru-based real estate firm Embassy Property Developments Pvt. Ltd has agreed to acquire a 73.41% stake in MAC Charles (India) ......

HCL Tech to acquire Butler America Aerospace for $85 mn

TMT

21 October, 2016

HCL Tech to acquire Butler America Aerospace for $85 mn

HCL Technologies Ltd said on Friday it has agreed to acquire US-based engineering and design services provider Butler America Aerospace ......

Who are the highest paid executives in India?

General

20 October, 2016

Who are the highest paid executives in India?

The number of directors of public companies who drew a pay packet of over Rs 1 crore last year swelled ......

Wipro to acquire US cloud services firm Appirio for $500 mn

TMT

20 October, 2016

Wipro to acquire US cloud services firm Appirio for $500 mn

Wipro Ltd has agreed to buy US-based cloud services company Appirio Inc. for $500 million (Rs 3,340 crore) in cash, ......